The Internal Revenue Service (IRS) is emphasizing that no action is required by eligible taxpayers for the second round of Economic Impact Payments (EIPs, or
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IRS Employer Identification Number (EIN) Online Service Temporarily Unavailable
Need an EIN? You’ll have to wait a few days to apply for an EIN online. The IRS has announced that the service is temporarily
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IRS Online Installment Agreement Service Temporarily Unavailable
If you owe the Internal Revenue Service (IRS), you may be able to apply for a payment plan online to pay off your balance over
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IRS Releases Mileage Rates For 2021 Tax Year
The Internal Revenue Service (IRS) has issued its 2021 standard mileage rates. Beginning on January 1, 2021, the standard mileage rates for the use of a car,
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Senators Ask IRS To Work With Taxpayers To Provide COVID-Related Relief
Remember the flurry of Internal Revenue Service (IRS) notices that got sent out in mid-November? Many of those notices – especially those notices of intent
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How Low Income Taxpayer Clinics (LITCs) Can Help With Tax Disputes
All taxpayers deserve quality taxpayer support and representation. However, this can be a costly avenue to achieve. Many taxpayers who stumble upon a tax dispute
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As IRS Takes Additional Steps To Protect Your Privacy, Your Tax Transcript May Look Different
The Internal Revenue Service (IRS) continues to take steps forward in efforts to protect taxpayer data. Two years ago, the IRS moved to provide more
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What’s Next For Recipients Of PPP (Paycheck Protection Program)
To keep the economy afloat, Congress introduced the Paycheck Protection Program, also known as PPP. PPP consists of potentially forgivable loans to keep employees on
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IRS Offers Additional Help With Tax Bills During Pandemic
The Internal Revenue Service (IRS) has announced some changes to its collections processes to assist taxpayers who have been impacted by COVID-19. Specifically, the IRS
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Bookkeeping Is More Than Just Numbers: Understanding Why It Matters
Bookkeeping is an important factor of properly running a business. Many people tend to think that bookkeeping and accounting are one and the same. However,
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